Consumer spending increased slightly less than expected in August, suggesting some moderation in economic growth in the third quarter.
Read More US consumer spending, inflation rise moderately in August
Tag: economic growth
Wall St little unchanged as investors await Fed cues
Markets have been choppy after the S&P 500 and the Nasdaq extended gains to an eighth straight session on Monday.
Read More Wall St little unchanged as investors await Fed cues
Fed is predicted to deliver three quarter-point rate cuts this year: Reuters poll
The U.S. Federal Reserve will cut interest rates by 25 basis points at each of the remaining three meetings of 2024.
Read More Fed is predicted to deliver three quarter-point rate cuts this year: Reuters poll
The Fed has cut rates amid stock swoons before. Not this time
A sharp slowdown in the U.S. job market that touched off days of global stock-market turmoil also fueled speculation the Federal Reserve may not wait until its next scheduled meeting.
Read More The Fed has cut rates amid stock swoons before. Not this time
US inflation rises moderately, consumer spending cools
U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services.
Read More US inflation rises moderately, consumer spending cools
Record house prices depress US home sales in June
U.S. existing home sales fell more than expected in June as the median house price set another record high.
Read More Record house prices depress US home sales in June